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Current market real cost of buying home in Dallas


FrustratedVuncle

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On 11/10/2024 at 1:32 AM, FrustratedVuncle said:

Interest rate - 7%

Property tax - 2.5%

Home insurance - 0.5% approx 

Meaning yearly 10% of home price every year from pocket until 30years.

Average home appreciation per year is 3.5%. Some areas appriciate better.

So 6.5% of the home price every year extra for 30yrs will add up to almost 2 times the price tag. 

So it's a depreciating property anamata. Forget about repairs and maintenance costs in between.

ala anakandi.. aa potlucks ki gruhapravesam video laki manam iche value enthandi andagadu-manam-iche-value-enthandi.gif

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3 hours ago, FrustratedVuncle said:

Evaro 1 in 1000. very rare case anna OPTs buying home. Current gen Youth mostly think about fussy, cars, reels, show off and . 

I would agree with that and they should focus on that :D except the reels part ... 

Pretty much every thread here on housing talks about them buying a home and contributing to price increases ... I don't think so .. 

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4 hours ago, FrustratedVuncle said:

dj-tillu-siddhu-jonnalagadda.gif

650k home 350k ki vastundi antunava annai... 
 

350k house 650k vellinapudu 2022 lo. 650k house 350k pothe tappu em undi anna

 

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